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Sterling and Wilson Renewable Energy Limited (SWREL), a global pure-play renewable engineering, procurement, and construction (EPC) provider, has secured multiple international and national orders.
In a press release, SWREL said the secured orders total more than Rs. 985 crore, including taxes. Among the orders, the company has secured a project for a 534.3 MWp solar project in Rajasthan from a leading independent power producer (IPP) in India.
The Rajasthan order is from a new customer and involves a Balance of System (BOS) package. According to SWREL, the order reaffirms the industry’s trust in the company’s project execution capabilities. The South African order is for a BESS turnkey EPC wrap project.
Additionally, SWREL has secured orders for two Battery Energy Storage System (BESS) projects with a combined energy storage capacity of 616 MWh in South Africa from a leading Middle East-based renewable energy project developer.
The South African order is the second-largest utility-scale BESS project to be undertaken by SWREL. The order has been placed by a repeat customer that has previously experienced SWREL’s expertise and execution capabilities, giving it the confidence to award the execution of the project to the company.
Currently, Sterling and Wilson provides EPC services for utility-scale solar, floating solar, hybrid and energy storage, and wind solutions. The company has a total portfolio of over 28.7 GWp, including projects that have been commissioned and those at various stages of construction.
SWREL also manages an operations and maintenance (O&M) portfolio of 18.3 GWp of solar power projects, including projects constructed by third parties.
Present in 28 countries, Sterling and Wilson Renewable Energy Limited has operations across India, Southeast Asia, the Middle East, Africa, Europe, Australia, and the Americas.
Sterling and Wilson Renewable Energy (SWREL) has previously secured an international project in South Africa for a turnkey EPC contract for a 240 MW AC solar project. The project was valued at approximately USD 147 million (Rs. 1,313 crore).
Additionally, the company had previously acquired three new domestic and international renewable energy projects for approximately INR 1,772 crore EPC projects.  
To further build its presence in Africa, SWREL has invested USD 34 million (approximately Rs. 317 crore) as a Parent Company Guarantee in South Africa to support its subsidiary’s solar power operations.
It provided the guarantee to Nedbank Limited as security for an additional working capital facility availed by Sterling and Wilson Engineering (Pty) Ltd., a step-down subsidiary of the company.
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